ACTIVE

VFS FINANCIAL SERVICES BELGIUM

Financial year 2025 · Closed on 31/12/2025

Net result3,5 M €-10,7 %over 1 year
Revenue4,4 M €-4,4 %over 1 year
Equity12,7 M €+38,6 %over 1 year
Workforce33,5 ETP-5,1 %over 1 year

Identity

Source · BCE/KBO

VFS FINANCIAL SERVICES BELGIUM is a Public limited company incorporated in 1970. Its main activity is: Wholesale of solid, liquid and gaseous fuels and related products. Its registered office is in Berchem-Sainte-Agathe. It employs on average 33,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0406.953.996
Incorporation
01/01/1970
Legal form
Public limited company
Registered office
Avenue du Hunderenveld 10
1082 Berchem-Sainte-Agathe · BruxellesSee on map
Contributed capital
5 500 000,00 €
Latest accounts
31/12/2025
Average workforce
33,5 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitableGood liquidityPositive cashflowHigh revenue

Financials

Source · NBB, 21 filings

Trend over 15 financial years

20252024202320222021
Income statement
Revenue4,4 M €4,6 M €4,8 M €4,9 M €5 M €
EBITDA-11,1 M €-3,3 M €-3,6 M €-3,4 M €-2,2 M €
Operating result-10,3 M €-2,7 M €-6,1 M €-3,6 M €-2,5 M €
Net result3,5 M €4 M €595,5 k €1,6 M €1,9 M €
Balance sheet
Equity12,7 M €9,2 M €6,2 M €8,1 M €11,5 M €
Total assets330,4 M €296,6 M €349,1 M €271,3 M €225,2 M €
Cash13,5 M €12,5 M €8 M €3,1 M €7,4 M €
Debts315,7 M €284,5 M €339,8 M €261,5 M €212,1 M €
Other
Workforce33,5 ETP35,3 ETP34,9 ETP39,0 ETP38,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 42 ended

Active mandates

Johan Sierens

Director · since 21 janvier 2025 · until 25 avril 2030

Active
Lionel Descamps

Director · since 21 janvier 2025 · until 25 avril 2030

Active
Sandra Van Campen

Director · since 21 janvier 2025 · until 25 avril 2030

Active

Ended mandates

Lionel Descamps

Director · since 04 octobre 2024 · until 25 avril 2030

Ended
Sandra Van Campen

Director · since 04 octobre 2024 · until 25 avril 2030

Ended
Carl Slachmuylders

Director · since 14 juin 2021 · until 02 mars 2023

Ended
Carl Slachmuylders

Director · since 14 juin 2021 · until 10 juin 2024

Ended

Other companies at this address

Avenue du Hunderenveld 10 1082 Berchem-Sainte-Agathe
CompanyCBE no.
0404.955.204
0412.811.412
0436.180.690

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date11/06/202610/09/202522/01/202529/09/202311/10/202227/09/2021
General meeting28/05/202604/08/202520/01/202527/09/202324/08/202214/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202528/05/202611/06/2026DutchPDF
Full model31/12/202404/08/202510/09/2025DutchPDF
Full model31/12/202320/01/202522/01/2025DutchPDF
Full model31/12/202227/09/202329/09/2023DutchPDF
Full model31/12/202124/08/202211/10/2022DutchPDF
Full model31/12/202014/06/202127/09/2021DutchPDF
Full model31/12/201930/06/202001/07/2020DutchPDF
Full model31/12/201825/09/201930/09/2019DutchPDF
Full model31/12/201715/06/201818/07/2018DutchPDF
Full model31/12/201616/06/201726/06/2017DutchPDF
Full model31/12/201509/06/201630/06/2016DutchPDF
Full model31/12/201404/06/201530/06/2015DutchPDF
Full modelCorrection31/12/201329/05/201422/12/2014DutchPDF
Full model31/12/201329/05/201411/06/2014DutchPDF
Full model31/12/201231/05/201304/06/2013DutchPDF
Full model31/12/201121/06/201227/06/2012DutchPDF
Full model31/12/201028/04/201110/06/2011DutchPDF
Full model31/12/200925/05/201020/07/2010DutchPDF
Full model31/12/200823/04/200916/06/2009DutchPDF
Full model31/12/200722/04/200827/06/2008DutchPDF
Full model31/12/200617/04/200701/06/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 42 ended

Active mandates

Johan Sierens

Director · since 21 janvier 2025 · until 25 avril 2030

Active
Lionel Descamps

Director · since 21 janvier 2025 · until 25 avril 2030

Active
Sandra Van Campen

Director · since 21 janvier 2025 · until 25 avril 2030

Active

Ended mandates

Lionel Descamps

Director · since 04 octobre 2024 · until 25 avril 2030

Ended
Sandra Van Campen

Director · since 04 octobre 2024 · until 25 avril 2030

Ended
Carl Slachmuylders

Director · since 14 juin 2021 · until 02 mars 2023

Ended
Carl Slachmuylders

Director · since 14 juin 2021 · until 10 juin 2024

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates29/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other23/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates28/06/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/05/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/01/2019
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 20253,5 M €↓
  2. 01/07/2025
    nominationLuc De Deken — volmacht
  3. 21/01/2025
    reconductionJohan Sierens — bestuurder
  4. 21/01/2025
    nominationLionel Descamps — bestuurder
  5. 21/01/2025
    nominationSandra Van Campen — bestuurder
  6. 20/01/2025
    reconductionCVBA DELOITTE Bedrijfsrevisoren — commissaris
  7. 2024
    Annual accounts 20244 M €↑
  8. 04/10/2024
    reconductionJohan Sierens — bestuurder
  9. 04/10/2024
    nominationLionel Descamps — bestuurder
  10. 04/10/2024
    nominationSandra Van Campen — bestuurder
  11. 2023
    Annual accounts 2023595,5 k €↓
  12. 2022
    Annual accounts 20221,6 M €↓
  13. 2021
    Annual accounts 20211,9 M €↑
  14. 2018
    Annual accounts 2018555,5 k €↓
  15. 2017
    Annual accounts 20171,1 M €↓
  16. 2016
    Annual accounts 20161,2 M €↑
  17. 2015
    Annual accounts 20151,1 M €↓
  18. 2014
    Annual accounts 20141,2 M €↑
  19. 2013
    Annual accounts 2013507,8 k €↓
  20. 2012
    Annual accounts 20121,1 M €↑
  21. 2011
    Annual accounts 2011646,4 k €↓
  22. 2009
    Annual accounts 20091,8 M €↓
  23. 2008
    Annual accounts 20082,3 M €
  24. 01/01/1970
    IncorporationPublic limited company